通过规范GBER提高绿色债券市场的公信力:中国案例

IF 1.3 Q1 LAW
Laws Pub Date : 2023-12-14 DOI:10.3390/laws12060091
Xiayang Chen, Weiqiu Long
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引用次数: 0

摘要

随着绿色债券市场的扩大,越来越多的绿色债券外部审查员(以下简称 "GBER "或 "GBER")在投资者和金融监管机构中获得了发展。绿色债券外审员通过减少发行人与投资者之间的信息不对称,提高绿色债券的可信度,防范绿色债券市场的 "洗绿 "风险。中国是全球第二大绿色债券发行国。目前中国的 GBER 法律框架不足以确保绿色债券市场的可持续性。本文旨在分析中国 GBER 监管框架的不足之处,并为克服其中潜在的挑战提供建议。本研究的主要研究方法是对第一手法律资料和第二手学术资料进行文本分析。本文对中国的 GBER 监管框架进行了深入分析,并探讨了其不足之处和薄弱环节。此外,鉴于中国绿色债券市场所处的发展阶段,本文分析了国债审查机构可能面临的挑战,并提出了一些建议,以确保国债审查机构进行高质量的审查。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
To Enhance the Credibility of the Green Bond Market through Regulating GBERs: The Case of China
As the green bond market expands, an increasing number of Green Bond External Reviewers (hereafter ‘GBER’ or ‘GBERs’) have gained momentum among investors and financial regulators. A GBER enhances the credibility of green bonds and prevents greenwashing risk in the green bond market by reducing the information asymmetry between issuers and investors. China is the second largest issuer of green bonds in the world. The current Chinese GBER legal framework is insufficient to ensure green bond market sustainability. Our purpose in this paper is to analyze the inadequacies of the Chinese GBER regulatory framework and to provide suggestions for overcoming the potential challenges within it. A textual analysis of primary legal sources and secondary academic sources serves as the main research methodology in this study. This paper provides an in-depth analysis of China’s GBER regulatory framework and addresses its shortcomings and weaknesses. Furthermore, given the evolving stage of the Chinese green bond market, this paper analyzes potential challenges for GBERs and proposes some suggestions to ensure high-quality reviews by GBERs.
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来源期刊
Laws
Laws LAW-
CiteScore
2.00
自引率
16.70%
发文量
77
审稿时长
11 weeks
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